Overview
What is Goodwill Industries Of Central Illinois?
Goodwill Industries of Central Illinois is a Peoria-based nonprofit organization and a member of the larger Goodwill Industries International network. They received over 323,000 donations of clothing and household items in 2022, which were then sold at discounted prices through 11 retail stores across their 21-county territory. These retail sales supported 795 jobs and funded free community programs described in Schedule O. The mission of Goodwill Industries of Central Illinois is to help communities thrive by turning donations into life and job skills training and employment services. Their vision is to create a prosperous community where self-empowered individuals can realize their potential, contribute to economic growth, and ultimately improve long-term quality of life for themselves and their families. With a workforce of 857 employees, the organization transforms donations into valuable resources.
Official website here: www.goodwillpeo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Goodwill Industries of Central Illinois has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored exceptionally well across various metrics, including a perfect score for having an independent board and robust financial oversight measures. This rating highlights the organization's transparency and responsible management, which are crucial for donor confidence.
User reviews from platforms like Great Nonprofits further reinforce the positive perception of Goodwill Industries of Central Illinois. Reviewers praise its extensive support for the under-employed, including free training classes and job readiness programs, which are instrumental in helping community members secure better employment. Additionally, the organization's efforts to aid veterans, particularly through the Veterans Re-Entry Program, showcase its dedication to addressing critical social issues.
While the financial ratios indicate the organization is effectively utilizing its resources, some users noted that the working capital ratio could be improved. Overall, the feedback highlights a well-run nonprofit that positively impacts its community, making it a worthy recipient of support from both donors and volunteers.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Goodwill Industries Of Central Illinois legitimate?
Goodwill Industries Of Central Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwill Industries Of Central Illinois submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $299,379
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,005,173
For more financial information, click here
Official website here: www.goodwillpeo.org
What is the mission statement of Goodwill Industries Of Central Illinois?
Goodwill Industries of Central Illinois aims to enhance community prosperity by converting donations into essential resources, namely life and job skills training and employment services. Their ultimate goal is to foster self-empowerment and productivity in individuals, enabling them to fully realize their potential and positively contribute to economic growth and long-term community development. Through these programs and services, the organization aspires to create a vibrant community where people have the tools and motivation to improve their lives and ultimately, the lives of their families and communities.
Official website here: www.goodwillpeo.org
Who is the CEO of Goodwill Industries Of Central Illinois?
Robert Parkhurst is the Cfo of Goodwill Industries Of Central Illinois. The CEO's salary of Goodwill Industries Of Central Illinois is $160,697 and their total compensation is $168,732.
Official website here: www.goodwillpeo.org
What is the revenue of Goodwill Industries Of Central Illinois?
Goodwill Industries Of Central Illinois's revenue in 2022 was $17,814,481.
Official website here: www.goodwillpeo.org
Who are the executives of Goodwill Industries Of Central Illinois and what are their salaries?
The average compensation at Goodwill Industries Of Central Illinois during 2022 was $10,857. There are 857 employees and 130 volunteers at Goodwill Industries Of Central Illinois.
Here are 24 key members and their salaries (Goodwill Industries Of Central Illinois's CEO's salary is $160,697 and their total compensation is $168,732):
- Compensation: $160,697
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- Other: $8,035
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Official website here: www.goodwillpeo.org
Where can I find the form 990 for Goodwill Industries Of Central Illinois?
Goodwill Industries Of Central Illinois's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goodwillpeo.org
Learn more at the official website: www.goodwillpeo.org
Mission Statement of Goodwill Industries Of Central Illinois
Goodwill Industries of Central Illinois is a mission-driven organization that strives to help communities flourish by converting donations into essential life and job skills training and employment services. In essence, this nonprofit transforms the generous contributions of the community into opportunities that enable individuals to attain self-empowerment, productivity, and the ability to reach their full potential.
By focusing on the transformation of donations, Goodwill Industries of Central Illinois plays a crucial role in fostering economic prosperity and improving the long-term quality of life for people and their families. The organization's ultimate vision is a thriving community, where every individual possesses the drive and capacity to realize their potential and contribute positively to their surroundings.
In practice, the nonprofit's work extends far beyond simply accepting donations. Goodwill Industries of Central Illinois offers a range of services that cater to the unique needs of each person, enabling them to acquire the necessary skills and resources to secure employment and rebuild their lives. These services include, but are not limited to, life skills training, vocational education, and employment placement assistance. By instilling a sense of self-confidence and determination in those they serve, this nonprofit empowers individuals to become productive members of their communities and contribute to the greater good.
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Impact
October, 2024
Goodwill Industries of Central Illinois plays a vital role in enhancing community prosperity through its transformative approach to donations. By converting donated goods into valuable resources, it provides essential life and job skills training, as well as employment services. In 2022 alone, Goodwill CI received nearly 324,000 donations of clothing and housewares, which were sold in its 11 retail stores across a 21-county area.
The revenue generated from these sales directly supports employment opportunities, with 795 jobs created within the donated goods and retail program last year. This not only helps individuals gain meaningful work experience but also empowers them to improve their quality of life. Furthermore, the funding generated contributes to various free community-based programs aimed at enhancing the long-term well-being of individuals and families.
Through its mission, Goodwill Industries of Central Illinois fosters a thriving community where individuals are encouraged to realize their potential and contribute to overall economic prosperity, creating a positive ripple effect throughout the community.
This information is meant to be a general summary of Goodwill Industries Of Central Illinois. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $110,498
- Program Service Revenue: $4,351,373
- Gross Receipts: $17,818,367
Assets and Liabilities:
- Total Assets: $26,152,335
- Total Liabilities: $11,967,677
- Net Assets: $14,184,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DONATED GOODS PROGRAM
Revenue
$4,221,524
OTHER PROGRAM SERVICES
Revenue
$129,849
Organization Details
Founding Year
1934
Phone
(309) 682-1113Principal Officer
Robert Parkhurst
Main Address
2319 E WAR MEMORIAL DRIVE, PEORIA, IL, 61614
Website
www.goodwillpeo.orgNTEE Category
Code: J32Z - Employment
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